September 18, 2025 Steel Market Summary – Australia Steel Industry Condemns High Energy Prices The two major steelmakers in Australia – BlueScope Steel and InfraBuild – plus the Australian Steel Institute (ASI), have claimed the local steel industry is struggling for viability due to exorbitant energy prices and cheap foreign steel imports. Their concerns are […]
New Zealand News
September 5, 2025 New Zealand News Infrastructure Horizon – Navigating Challenges, Celebrating Progress The New Zealand steel industry stands at a critical juncture, its future dictated in large part by the country´s infrastructure plans. With rapid population growth, evolving climate requirements and technological shifts reshaping public needs, the nation’s pipeline of major infrastructure projects is both […]
Steel Market Summary – International
September 5, 2025 Steel Market Summary – International Most Trump Tariffs Illegal, As Chaos Continues In the United States, the Court of Appeals for the Federal Circuit ruled on August 29 that most of the “reciprocal” tariffs Donald Trump announced on April 2 were illegal. The Court said Trump had overstepped his presidential authority when […]
SMS-Aust 5 Sept25
September 5, 2025 Steel Market Summary – Australia BlueScope Steel Loses Appeal Against Cartel Penalty The Full Federal Court has dismissed appeals by BlueScope Steel and its former general manager of sales and marketing, Jason Ellis, against earlier Federal Court decisions in a civil cartel proceeding brought by the Australian Competition and Consumer Commission (ACCC). […]
SMS-Aust 18 Aug25
August 19, 2025 Steel Market Summary – Australia Profit Plunge, But BlueScope Steel Optimistic BlueScope Steel has recorded a 90% plunge in after tax profit for the financial year to June 30, 2025 (FY2025). Profit dropped to $83.8 million from $805.7 million achieved the year before. Underlying EBIT of $738.2 million for FY2025 was $601.0 […]
Alter Steel August 6 News
July 22, 2025 Press Release Alter Steel And Danieli In $750M Queensland Steel Mill Project Alter Steel has finalised its contract with Italian engineering firm Danieli to supply the technology and equipment for its $750 million steel mill in Pinkenba, Queensland, with the down payment now made to secure delivery. When complete, the facility will […]
SMS-Int Aug25
August 6, 2025 Steel Market Summary – International Slow-Burn Dangers Of Trump´s Trade War The chaotic manner in which the US President, Donald Trump, has prosecuted his global trade war in recent months has had many obvious effects. His fluctuating and exaggerated tariff rates have caused confusion and dismay in equal measure. However, aside from […]
NZN Aug25
August 6, 2025 New Zealand News Long-Term Approach Needed For Building Construction Skills The New Zealand Government has tasked the NZ Infrastructure Commission with developing a National Infrastructure Plan. The challenge for the government and its advisors is to consider not only the need for the prioritising and imminent release of those projects, but also […]
SMS-Aust 6 Aug25
August 6, 2025 Steel Market Summary – Australia BlueScope Steel Consortium In Bid For Whyalla Steelworks Australia´s BlueScope Steel has announced it will lead an international consortium to participate in the Whyalla Steelworks sale process. In a release to the Australian stock exchange on August 4, BlueScope said it had reached a collaboration agreement with […]
Sims August 6 News
July 31, 2025 Press Release Sims Limited And Alter Steel To Grow Queensland’s Clean Steel Industry Sims Limited and and Equest Steel, trading as Alter Steel, today announced a non-binding memorandum of understanding (MOU), to establish a scrap supply and services agreement supporting AlterSteel’s proposed electric arc furnace (EAF) planned for Pinkenba, Queensland in 2028. […]